UBS Raises AMD Stocks Target to $700 on AI Datacenter Growth

UBS raised AMD's 12-month target price from $670 to $700 on '15일' while maintaining a Buy rating, citing expectations that the chipmaker will secure additional major customers and expand datacenter market share. UBS analyst Timothy Arcuri stated Amazon is expected to become a key customer for AMD's next-generation AI accelerator MI450X, with Anthropic also likely joining the customer list. The upgrade reflects AMD's strengthening position in the AI datacenter semiconductor market amid ongoing supply chain improvements.

UBS Raises AMD Target Price to $700

UBS adjusted AMD's 12-month target price from $670 to $700 on '15일' and maintained its Buy investment rating. The price target revision represents a 4.5% increase from the previous target.

AMD Expected to Add Amazon and Anthropic as MI450X Customers

UBS analyst Timothy Arcuri stated, "We have expected Amazon to become a major customer for AMD's next-generation AI accelerator MI450X, and now see the possibility that Anthropic will also be included in the customer list." Arcuri added that AMD may announce collaboration with Cerebras Systems in high-speed inference solutions or further expand its datacenter application-specific integrated circuit (ASIC) business.

AMD Stocks Surge 112% in Three Months

AMD's stock price surged 112% over the past three months, driven by expanded AI datacenter investment. The company has expanded its datacenter central processing unit (CPU) market share through collaborations including a partnership with OpenAI.

TSMC Packaging Constraints Easing

UBS forecasts that AMD's AI semiconductor production will expand further as supply constraints for Taiwan-based TSMC's advanced packaging ease. The improved packaging capacity is expected to support increased output of AMD's AI accelerator chips.

AMD to Present at Advancing AI 2026 Event

UBS identified the Advancing AI 2026 event scheduled for '22~23일' in San Francisco as another potential stock price catalyst. UBS forecasts AMD may unveil new AI products and datacenter strategies at the event.

FAQ

What did UBS do to AMD's target price on '15일'? UBS raised AMD's 12-month target price from $670 to $700 while maintaining a Buy rating, citing expectations of additional major customer acquisitions and datacenter market share expansion.

Why did AMD stocks surge 112% in three months? AMD's stock price surged 112% over the past three months driven by expanded AI datacenter investment and market share gains in datacenter CPUs through partnerships including collaboration with OpenAI.

What event is AMD participating in on '22~23일'? AMD is participating in the Advancing AI 2026 event scheduled for '22~23일' in San Francisco, where UBS forecasts the company may unveil new AI products and datacenter strategies.